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Commercial Land with Road Frontage

5853 Irene Lane, Winston-Salem, NC 27105

For Sale
$799,000

A portion of the tract carries LB-S zoning following a 2023 rezoning.

Property SizeContact for details
Days on Market718

Property Features for 5853 Irene Lane

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Finley Properties II, LLC
Listed By: Barry Bush · License #NC 73904
Source: Egglestonrealestate
Added: Nov 22, 2024 Changed: Nov 6 Last Checked: Nov 8 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Finley Properties II, LLC

Rey
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Investment Insights

Based on property information with market context.

The 16.18-acre property includes 14.057 acres zoned RS-40 and 2.123 acres along Germanton Road rezoned LB-S in December 2023. A prior proposal called for a 10,700-square-foot Dollar General store, but the store was not built. The property also contains a house and a mobile home, both occupied under a month-to-month rental arrangement.

City zoning staff indicated that a plan closely aligned with the earlier approved proposal may be able to proceed from that plan, while a substantially different proposal could require a new review process.

Key Highlights

  • 16.18‑acre tract with 14.057 acres zoned RS‑40
  • 2.123 acres fronting Germanton Road received LB‑S zoning in December, 2023
  • Prior approved proposal called for a 10,700 sq. ft. Dollar General Store; it was not built

Property Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 27105, NC

39,977
Population
18,130
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
82%
High-School Grad
33.7 sq mi
ZIP Area
1,186
Density / Sq Mi
$41,580
Median Household Income
$29,619
Median Earnings
$888
Median Rent
$151,300
Median Home Value

Market

Properties on Market for Commercial land in Forsyth County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - A portion of the tract carries LB-S zoning following a 2023 rezoning.
Where is this commercial land located?
The property is located at 5853 Irene Lane Winston-Salem, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 16.18‑acre tract with 14.057 acres zoned RS‑40; 2.123 acres fronting Germanton Road received LB‑S zoning in December, 2023; Prior approved proposal called for a 10,700 sq. ft. Dollar General Store; it was not built
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